Umbra Bans Front End to Combat Kelp Exploiters
@UmbraCash has taken down its front-end website to hinder hackers moving $800,000 in stolen funds after the Kelp protocol exploit. The protocol claims it can identify all stolen funds. #Update #Crypto
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Bitcoin Powers US Military Strategy Shift
Admiral Samuel Paparo praised Bitcoin as a cybersecurity tool at a Senate hearing, emphasizing its strategic importance for US national security amid rising cyber threats. #Update #Crypto $BTC
Crypto Expansion: Kalshi Launches Perpetual Futures
@Kalshi plans to launch perpetual futures contracts for cryptocurrencies like $BTC, expanding beyond event-based derivatives and potentially attracting retail and institutional traders. #Update #Crypto $BTC
Bitcoin Rally in Progress Capped at 84K
Bitcoin ($BTC) rallies to $78,000, with analysts suggesting an uptrend may be capped at $84,000 due to significant investor sell-off potential. #Update #Crypto $BTC
Stablecoin Payments Launch on DoorDash via Tempo
@DoorDash plans to enable stablecoin payments for users and merchants through the Tempo blockchain, enhancing transaction speed and reducing costs across 40+ countries. #Update #Crypto $USDC
Crypto Hackers Steal $17B in Decade
Crypto hackers stole $17B over the past decade, with recent DeFi exploits indicating a shift from smart contract vulnerabilities to private key compromises. #Update #Crypto
Crypto Law Delays Force Polish Firms Abroad
Poland’s Sejm fails to pass crypto regulations, with President Nawrocki vetoing a key bill, leaving local firms vulnerable as July 1 deadline approaches. #Update #Crypto $BTC
SEC Flags dYdX and Six Crypto Platforms
The Philippines Securities and Exchange Commission has flagged @dYdX and six other crypto platforms as unauthorized, potentially leading to fines up to 5 million PHP ($89,000) or 21 years in prison. #Breaking #Legal $DYDX
Bitcoin Scammers Target Stranded Ships in Hormuz
Fraudulent actors posing as Iranian authorities are demanding cryptocurrency payments from shipping companies for safe passage through the Strait of Hormuz, according to maritime risk firm @Marisks. #Update #Crypto $BTC $USDT
Ethereum Freezes $71M in Kelp Exploit
@Arbitrum froze 30,766 Ether ($71.2M) linked to the Kelp protocol exploit, which lost at least $293M. The decision faced criticism regarding decentralization and governance. #Update #Crypto $ETH
Bybit Funds Malaysia’s Hata Crypto Platform
@Bybit leads an $8M Series A funding round in Hata, a dual-licensed crypto exchange in Malaysia, enhancing liquidity and user growth. Hata has over 209K users and processed $225M in transactions. #Update #Crypto $BTC
Bitcoin Acquires 34164 BTC for $2.5B
@MicroStrategy has acquired 34,164 $BTC for $2.54B, increasing total holdings to 815,061 BTC. The purchase was funded mainly through STRC, generating $2.18B from recent sales. #Update #Crypto $BTC
John Oliver Rejects Prediction Markets Users
John Oliver criticized prediction markets like @Kalshi and @Polymarket on HBO, highlighting concerns over manipulation and legal issues, as traditional finance firms eye market entry. #Update #Crypto $BTC $ETH
Bitcoin Price Predictions for 4/20 Surge
Bitcoin ($BTC) sees strong buying interest after a dip, with $996M in US spot BTC ETF inflows last week; potential rally to $84K if market conditions hold. #Update #Crypto $BTC